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Light Industrial to rent

Unit 4, 11 Grange Way Business Park, Grange Way, Colchester, CO2 8HF

Let Agreed £8,500 pa (£708 pcm)
1,495 sq. ft.

Property Description

Commercial information

  • 1,495 sq ft (138 sq m)
  • Use class orders: B1 Business and B8 Storage and Distribution

Key features

  • Well Presented
  • Loading Door
  • Three Parking Spaces
  • Office / Store Area
  • Established Location

Full description

The premises is situated on Grange Way on the ever popular Whitehall Industrial Estate approximately three miles to the East of Colchester town centre. Good access is available to the inner ring road system which links directly to the A12/A120 providing easy access to the East Coast ports of Harwich and Felixstowe and Stansted Airport.

The unit, which has recently been redecorated, is of brick & brick block construction under a flat roof, which incorporates translucent roof lights providing natural day lighting, with a concrete floor. The unit also benefits from; a loading door (approx. 2.4m wide by 3m high), a personnel door, two separate W/C's, an office / self-contained store area, electricity, florescent lights, water and double glazed windows with security bars. The approx. eaves / pitch height is 4.4m. To the front of the premises is a concrete forecourt area providing three car parking spaces.

(figures provided are approx. gross internal measurements)

Unit 4 approx. 1,495 sq ft 139 m

The premises are available to let on a new flexible lease, length and terms to be agreed, at a rent of 8,500 per annum. The figures quoted are exclusive of rates and VAT.

There will be a service charge provision within the lease to cover; maintenance the communal external areas, roadway and car parking areas. Approx. budget cost 2015 for 282.00.

The landlord will insure the premises and recover the cost of the buildings insurance from the tenant. The approx. cost for 2015 is 375.00

We have been advised that the rateable value for these premises is 7,000. The rates payable are likely to be in the region of 3,360 per annum.

Small businesses may be eligible for small business rate relief. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.

We have been advised that the premises falls within class E (119) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report is available from our office upon request.

All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction. We understand that VAT is NOT payable on the rent.

Strictly by appointment via sole agents:
Newman Commercial
Tel: 01206 85 45 45

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